Robinhood Markets (NASDAQ:HOOD) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of Robinhood Markets (NASDAQ:HOOD) from a strong sell rating to a hold rating in a research report sent to investors on Monday,Zacks.com reports.

Several other research firms have also recently issued reports on HOOD. Keefe, Bruyette & Woods dropped their target price on Robinhood Markets from $75.00 to $65.00 and set a “market perform” rating on the stock in a research report on Wednesday, April 29th. JPMorgan Chase & Co. decreased their price target on Robinhood Markets from $113.00 to $92.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. The Goldman Sachs Group boosted their price target on Robinhood Markets from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Thursday, June 4th. Cantor Fitzgerald reissued an “overweight” rating and set a $110.00 price target on shares of Robinhood Markets in a research note on Tuesday. Finally, New Street Research set a $122.00 price target on Robinhood Markets in a research note on Thursday, March 5th. Eighteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $110.18.

Robinhood Markets Trading Down 1.5%

NASDAQ HOOD opened at $83.77 on Monday. The business’s 50 day moving average is $78.74 and its two-hundred day moving average is $92.42. Robinhood Markets has a 12-month low of $63.51 and a 12-month high of $153.86. The stock has a market capitalization of $75.44 billion, a price-to-earnings ratio of 40.47, a PEG ratio of 2.53 and a beta of 2.35.

Robinhood Markets (NASDAQ:HOOD) last released its earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.01). Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same quarter in the previous year, the firm posted $0.37 EPS. The business’s revenue for the quarter was up 15.1% on a year-over-year basis. Equities analysts forecast that Robinhood Markets will post 1.86 earnings per share for the current fiscal year.

Insider Buying and Selling at Robinhood Markets

In related news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $83.68, for a total value of $836,800.00. Following the sale, the insider owned 481,396 shares of the company’s stock, valued at approximately $40,283,217.28. This represents a 2.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven M. Quirk sold 10,837 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $85.91, for a total value of $931,006.67. Following the completion of the sale, the insider directly owned 81,989 shares in the company, valued at approximately $7,043,674.99. The trade was a 11.67% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have bought 680,000 shares of company stock worth $55,306,560 and have sold 571,602 shares worth $41,959,746. Insiders own 19.95% of the company’s stock.

Institutional Investors Weigh In On Robinhood Markets

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in Robinhood Markets by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 95,771,497 shares of the company’s stock valued at $10,831,756,000 after buying an additional 1,334,443 shares in the last quarter. State Street Corp lifted its stake in Robinhood Markets by 2.7% in the 4th quarter. State Street Corp now owns 33,121,452 shares of the company’s stock valued at $3,746,036,000 after buying an additional 875,297 shares in the last quarter. Geode Capital Management LLC lifted its stake in Robinhood Markets by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 21,171,925 shares of the company’s stock valued at $2,386,944,000 after buying an additional 356,902 shares in the last quarter. Morgan Stanley lifted its stake in Robinhood Markets by 23.9% in the 4th quarter. Morgan Stanley now owns 10,683,776 shares of the company’s stock valued at $1,208,335,000 after buying an additional 2,061,832 shares in the last quarter. Finally, Norges Bank purchased a new stake in Robinhood Markets in the 4th quarter valued at approximately $1,202,160,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

More Robinhood Markets News

Here are the key news stories impacting Robinhood Markets this week:

• Positive Sentiment: CEO Vlad Tenev said Robinhood Securities has been approved to serve as an underwriter, which could expand Robinhood’s role in IPOs and create a new growth avenue beyond its core brokerage business. Robinhood CEO Says His Company Gets Green Light to Underwrite IPOs
• Positive Sentiment: Analysts are raising their outlook on Robinhood as they see more value in the company’s prediction-markets business, suggesting Wall Street may be underestimating a fast-growing revenue stream. Cantor Raises Robinhood Target On Prediction-Markets Venture It Says Wall Street Hasn’t Priced In
• Positive Sentiment: Robinhood reported May 2026 operating data, keeping investors focused on monthly business momentum and usage trends. Robinhood Markets, Inc. Reports May 2026 Operating Data
• Positive Sentiment: Director Meyer Malka bought 250,000 shares in an insider purchase worth about $20.2 million, a sign of confidence from a major company insider. Insider Trade: Meyer Malka Purchases Shares
• Neutral Sentiment: Several articles discussed Robinhood as a trending or heavily watched stock, but they did not add new fundamental information that clearly changes the investment outlook. Is Trending Stock Robinhood Markets, Inc. (HOOD) a Buy Now?
• Negative Sentiment: Coverage also pointed to weakness in Robinhood’s crypto business and recent bearish commentary, which may be weighing on sentiment despite the new growth initiatives. Bear of the Day: Robinhood Markets (HOOD)
• Negative Sentiment: There were also reports of insider selling earlier in the period, which can create some caution even when offset by newer insider buying. Insider Selling: Robinhood Markets (NASDAQ:HOOD) Insider Sells $836,800.00 in Stock

Robinhood Markets Company Profile

Robinhood Markets, Inc (NASDAQ: HOOD) is a U.S.-based financial services company best known for its mobile-first brokerage platform that aims to “democratize finance for all.” Founded in 2013 by Vladimir Tenev and Baiju Bhatt and headquartered in Menlo Park, California, the company built early traction by offering commission-free trading and a simplified user experience that attracted a large base of retail investors.

Robinhood’s core products and services include a mobile app and web platform for trading U.S.